IT services company Hexaware Technologies Ltd has acquired US-based digital services firm Mobiquity for $182 million in an all-cash deal, the company said in an exchange filing on Friday. — Mint

J Sagar Associates advised the Indian acquirer parent company, Hexaware Technologies Limited, led by a team of partners Vikram Raghani and Anand Lakra; associate Khamir Kamdar, partner Vaibhav Choukse and senior associate Ela Bali advised on competition law aspects.

King Stubb & Kasiva represented Mobiquity on the deal, led by senior partner Rajesh Sivaswamy, principal associate Aurelia Menezes and Divyadeep.

US law firm Pepper Hamilton represented Mobiquity.

Skadden Arps and Houthoff Cooperatief acted as legal advisors to Hexaware Technologies Limited.

2019-06-15

Deal value: USD 182 million

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